sharing_is_caring

sharing_is_caring

in previous daily chart the price extended a bit more but here is the correction! and im thinking its gonna be exactly as predicted in that bigger time frame, so here it is more detailed and remains to be followed and get the ending.

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ending the correction!

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looks like it ends with diagonal as sub wave. now impatiently waiting to see how will it unfold, to confirm if its true what i see now.

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finishing last moves in the correction.

sharing_is_caring Updated 

some will call flag... some will call rejection from resistance.. some will see divergence in this last move up in smaller tf.. some will see it in MA's.. some in oscillating indicators... but what it is it's for those who know waves and structures, it is diagonal followed with a correction which looks like 5-3-5 structure, and whole that is a part of a bigger...

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just an update for those who followed... so the d wave stretched a bit but the view has not changed. my expectations r the same as in previous chart, jst need to follow the structure in smaller time frame!

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finishing the correction (in comments) with ending diagonal. how typical :D that small correction that is making now is same as in previous push up, so thats why im expecting somewhere similar retracing up before drops again and give us that diagonal whats presented on chart. however that drop down at last part can come in very different sizes and shapes and can...

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looks like channeling as a diagonal.

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or maybe we will see something like this, which would mean ending of a daily/weekly correction cose its ending diagonal, and rushing down may begin :) so just one of the possibilities what could happen its always crucial following it as it goes...

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after this big up move im expecting correction to this lvl and to proceed some more up where we will be nearing the top cose over all the trend is bearish.

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as per previous chart here is more detailed correction.

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i dont think that gold is turning down cose that doesnt look like motive structure. im looking it more as a corrective maybe abc structure as shown in chart which not necessarily meant it will evolve like it! if during asian session it stays between those horizontals expectations to brake the low r huge. but when it just tags the low the structure is finished and...

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i was expecting correction in previous chart but reviewing it more close i think the correction will develop after another up wave to complete the structure.

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so looking at that slope down it looks like three wave structure with triangle in middle. so next move im considering it would be also three wave structure cose as u can see its clearly motive wave in smaller time frame which is showing that correction is following and another motive structure and there u have three wave structure as B wave and expectations r that...

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chart seas it all.

sharing_is_caring Updated 

well it doesnt came out as i expected with running flat. it came out ans i previously expected, (chart in comment) but its going for expanded. so im expecting to retrace up to 786 fib. before going up again. it have support there. the structure that it builds looks like diagonal, and well see how will it evolve...

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as per previous chart lets see the set up from up close... its nice abc structure where first and second part r made from 5 subwaves marked with yellow, so im expecting last part also to be made from 5 subwaves and reach that red line where i guess correction will end. also divergence will occurre and marked with purple its gonna form a gartley structure. want more of it?

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we have here clear flat structure. but what flat will it be remains to see... if it turn now it will be running flat BUT im noticing that that up move is not finished as per chart, and taking in consideration the medium term strength that im expecting in euro, going more up may be plausible and may be even that cypher pattern with expanded flat.